49LOW

MCM

MCMINING FPO [MCM]
MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of steelmaking and thermal coal projects in South Africa. Its flagship project is the 67% owned Makhado steelmaking hard coking coal project located in the Soutpansberg coalfield in the Limpopo province. The company was formerly known as Coal of Africa Limited and changed its name to MC Mining Limited in November 2017. MC Mining Limited was incorporated in 1979 and is based in Melbourne, Australia.
Energy · ASX Small Cap
$0.2800 +1.8%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical46
Catalyst50
Sentiment50
Fundamental20
Momentum75
Risk Gate47
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Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Stochastic just turned bullish from a low level — early reversal sign
  • Took a hit — down 11.1% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.22, so it's outpacing the pack
  • Volume-price trend suggests distribution — sellers may be sneaking out while price holds
  • Trading above the 200-day average — the long-term trend is on your side
  • Critical cash runway (1.4 quarters)
  • Moderate P/S ratio (14.1x)
  • Revenue in sharp decline (-22%)
  • Capital raise activity (1 events)
  • CANSLIM S: Tight float (22%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 183% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.9 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.49%/day)
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)
  • Overseas risk_off (-2pts, S&P500 strong_down, VIX 25)

Risk Signals

  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Deeply negative margins (-227%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -22% — the top line is shrinking
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Recent Catalysts

NONE MCM Half Year Results Announcement
NONE Half Yearly Report and Accounts
NONE Change in substantial holding notices x 5

Recent ASX Announcements

2026-03-13 MCM Half Year Results Announcement PRICE SENSITIVE
2026-03-13 Half Yearly Report and Accounts
2026-03-13 Change in substantial holding notices x 5
2026-03-12 Cleansing Notice
2026-03-09 Application for quotation of securities - MCM

Key Metrics

$220.5M
Market Cap
86K
Avg Volume
0.3x
Vol Ratio
$0.08 — $0.35
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-40.5%
ROE
-226.9%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 22%
LLeader vs LaggardpassRS: 9
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Energy

Ranked #42 of 79 · Sector avg: 48

View all Energy signals →
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